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April 25, 2023: Seylan Bank, the bank with a heart, has announced that it has successfully raised LKR 5Bn via its Debenture issue which was oversubscribed on the opening day, reflecting strong investor confidence. The issue offered fifty million (50,000,000) Basel III compliant, Tier 2, Listed, rated, Unsecured, Subordinated, Redeemable, five-year Debentures with a non-viability […]
The Initial Public Offering (IPO) of Capital Alliance Limited (CALT) which opened on today (25), was oversubscribed on the same day. The CALT IPO, which offered 41,177,236 ordinary shares for a 12.5% stake to the public, priced at LKR 10 per share, opened at the Colombo Stock Exchange (CSE) amidst high anticipation and significant traction.